Oil prices tumbled as vote counting showed Republican Donald Trump

Oil prices tumbled as vote counting showed Republican Donald Trump doing better than expected in several crucial battleground states in the US presidential election.

US West Texas Intermediate (WTI) crude futures fell to a session low of USD 43.07 per barrel, down more than 4 percent from their last close and their lowest since September, before inching back to USD 43.32 a barrel.

International Brent crude futures were down 3.2 percent at USD 44.56 a barrel. 10:36 am Republican party candidate Donald Trump needs 26 electoral votes to become US President. He is leading in 244 seats against Clinton 209 seats.

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